📋 Tender Overview
Scope of Work:
Construction of Geothermal Energy Project on Campus of Smith College in Massachusetts.
Description:
The new geothermal heat-exchange system powered by renewables will replace the college's aging, fossil-fuel-fired steam heating system. Design and construction are being undertaken in partnership with Salas O'Brien and BOND Building.
The project, which will be implemented in three phases over the next six years, is expected to reduce the college's carbon emissions by 90% on the path to achieving carbon neutrality by 2030. In addition, it will make Smith one of few US schools to reach net-zero carbon emissions through the near elimination of on-campus fossil fuel combustion rather than through carbon offsets or biofuel conversion. The cost of the project is planned to be covered largely through proceeds from recent debt issuances.
